New government must stay strong on spending restraint

"Voters faced an important decision at this election: sticking with a party which recognises that the country has to live within its means; or plumping for a party which paid lip-service to deficit reduction but wouldn't admit its catastrophic role in ramping up unfunded spending. There is still much to do to get the public finances in order - particularly after a flood of spending commitments during a tight election campaign - but MPs must return to the task of reducing the deficit and reversing the ever-expanding National Debt.

"The country has chosen a party and Prime Minister who understand the importance of this challenge and now, as a single party government, they have no excuse for not meeting the task. Our Spending Plan shows how the Conservative Party can meet its worthy commitment to reducing government spending from 40.7 per cent to 36 per cent of GDP, and we look forward to working with MPs of all parties to make this happen."

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